WEX (NYSE:WEX) Stock: Insider Lauren Taylor Wolfe Sells 34,577 Shares

WEX Inc. (NYSE:WEX) Director Lauren Taylor Wolfe sold 34,577 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $184.19, for a total transaction of $6,368,737.63. Following the transaction, the director owned 1,472,880 shares in the company, valued at $271,289,767.20. This trade represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lauren Taylor Wolfe also recently made the following trade(s):

• On Thursday, November 5th, Lauren Taylor Wolfe sold 200,000 shares of WEX stock. The stock was sold at an average price of $181.00, for a total transaction of $36,200,000.00.

WEX Price Performance

WEX opened at $180.93 on Wednesday. The company has a 50-day moving average of $183.85 and a 200-day moving average of $165.37. The company has a market capitalization of $5.95 billion, a P/E ratio of 11.11, a PEG ratio of 0.72 and a beta of 0.93. WEX Inc. has a 1-year low of $125.29 and a 1-year high of $203.99. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.03 and a current ratio of 1.03.

WEX (NYSE:WEX) last issued its quarterly earnings results on Wednesday, October 28th. The business services provider reported $6.13 EPS for the quarter, topping the consensus estimate of $5.68 by $0.45. The business had revenue of $780.10 million for the quarter, compared to analysts’ expectations of $749.74 million. WEX had a net margin of 14.05% and a return on equity of 45.74%. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the company posted $4.59 earnings per share. Equities analysts expect that WEX Inc. will post 18.19 EPS for the current fiscal year.

Institutional Trading of WEX

Several hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in shares of WEX in the third quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new stake in shares of WEX during the second quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of WEX during the second quarter worth approximately $41,000. Heritage Family Offices LLP acquired a new position in shares of WEX during the third quarter worth approximately $43,000. Finally, Covestor Ltd grew its holdings in WEX by 97.8% in the 3rd quarter. Covestor Ltd now owns 267 shares of the business services provider’s stock worth $45,000 after buying an additional 132 shares in the last quarter. 97.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on WEX shares. Wall Street Zen upgraded WEX from a “hold” rating to a “buy” rating in a research report on Sunday. Evercore raised WEX to an “outperform” rating in a research report on Tuesday, July 21st. Mizuho raised their price objective on WEX from $170.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. UBS Group lifted their price objective on shares of WEX from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Friday, October 30th. Finally, Piper Sandler started coverage on shares of WEX in a report on Thursday, September 10th. They issued a “neutral” rating and a $209.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $191.10.

WEX News Roundup

Here are the key news stories impacting WEX this week:

• Positive Sentiment: WEX reportedly outperformed the broader market following an activist-investor settlement. The resolution could ease investor concerns, although the supplied report does not detail the settlement’s terms. Article: WEX Inc. Outperforms Market Following Activist Investor Settlement
• Neutral Sentiment: WEX launched the WEX Index, reporting on how fleet operators responded to the 2026 fuel-price surge, as well as fraud risks and electric-vehicle readiness. The launch may support WEX’s industry profile, but the announcement provides no indication of near-term revenue or profit effects. Article: WEX Launches New WEX Index
• Negative Sentiment: Director Lauren Taylor Wolfe sold 200,000 shares at an average of $181 and another 34,577 shares at $184.19, for about $42.6 million combined. The sales may raise concerns about insider sentiment; however, she retained more than 1.47 million shares after the reported transactions. Article: WEX Director Stock Sales

WEX Company Profile

WEX Inc. is a financial technology company that provides payment processing and business management solutions. Founded in 1983 as Wright Express, the company adopted the WEX name in 2012 and is headquartered in Portland, Maine. WEX’s fleet business offers payment cards and related services for commercial and government fleets, including tools to manage fuel purchases, vehicle expenses and fleet operations. Its travel and corporate payments business provides solutions such as virtual cards and payment services for travel companies and other businesses.